18th August, 2014 PAN AFRICA INDEX AND CURRENCY MOVEMENTS Country Index Name Index One Day MTD YTD 1 Year 1 Year FX Rate 1 Day MTD YTD Dollar Return % change Level % Chg % Chg % Chg High Low Current % Chg % Chg % Chg 1 Day MTD YTD Botswana BSE DCI 8,682.49 0.03 -0.07 15.61 22,116.00 7,255.90 1.00 761.87 761.87 678.51 762.10 761.27 800.03 Egypt EGX30 5,325.14 0.66 12.06 -2.51 5,969.39 4,523.32 1.00 600.98 600.98 536.39 605.63 685.49 520.40 Ghana GSE Composite 1,888.25 0.24 0.56 57.39 1,909.04 1,016.70 1.00 101.50 101.50 90.45 101.98 102.64 199.75 Ivory Coast IC COMP 208.77 0.91 -1.01 25.33 222.63 141.40 1.00 50,328.00 50,328.00 49,826.00 50,786.25 49,818.70 62,470.99 Kenya NSE 20 4,640.50 0.87 0.92 12.28 416,049.00 3,778.10 1.00 8,500.00 8,500.00 8,510.00 8,574.87 8,579.19 9,567.19 Malawi MSE AISI 6,999.98 0.06 1.24 16.37 6,999.98 5,874.77 1.00 32,600.00 32,600.00 33,369.50 32,620.57 33,004.49 38,846.96 Mauritius SEMDEX 1,869.06 -0.37 -2.38 7.91 1,956.29 1,653.98 1.00 3,000.00 3,000.00 2,955.00 2,988.48 2,926.20 3,196.64 Morocco MADEX 15,490.30 0.00 0.00 0.00 1.00 752.41 752.41 746.43 752.41 752.41 746.43 Namibia LOCAL 304.05 0.47 0.88 11.15 304.05 237.23 1.00 911.68 911.68 747.35 916.43 920.58 841.79 Nigeria NIG ALSI 37,128.40 0.31 2.67 32.23 40,012.66 20,025.93 1.00 15,950.00 15,950.00 15,515.00 15,999.55 16,377.88 20,547.60 South Africa JSE ALSI 39,638.54 -0.33 0.15 0.99 42,016.45 36,818.76 1.00 911.67 911.67 747.35 908.35 913.21 755.73 Swaziland SSX ALSI 289.42 0.00 0.00 1.31 289.42 284.32 1.00 911.67 911.67 747.35 911.67 911.67 758.47 Tanzania DSEI Index 1,590.56 0.07 0.51 7.06 1,840.34 1,141.26 1.00 161,600.00 161,600.00 158,400.00 161,708.85 162,422.61 169,595.03 Tunisia TUNIS 4,607.54 -0.11 -0.02 0.60 5,266.50 4,410.29 1.00 64.59 64.59 55.28 64.41 64.56 56.22 Uganda USE ALSI 1,540.35 1.65 3.98 28.00 1,804.75 1,053.89 1.00 260,900.00 260,900.00 267,673.00 265,209.53 271,290.01 342,644.04 Zambia LUSE ALSI 4,533.84 0.18 -0.75 21.70 4,568.06 3,480.51 1.00 448.00 448.00 520,500.00 448.96 443.89 633,485.11 Zimbabwe Industrial 221.27 1.45 4.77 45.19 223.58 130.78 1.00 0.00 0.00 0.00 1.45 4.77 45.19

TOP 5 LOCAL CURRENCY GAINERS TOP 5 LOCAL CURRENCY DECLINERS Issuer Name Country 1 Day % Chg Issuer Name Country 1 Day % Chg DFCU Group Uganda 46.72 Tanzania Portland Cement Co. Tanzania -12.03 Alma Investment Mauritius 26.67 Excelsior United Development Cos Mauritius -10.03 Aluworks Ltd. Ghana 20.00 Premier Breweries Plc Nigeria -9.09 Hotelest Ltd Mauritius 19.83 TransOceans Tours Egypt -7.69 Constance Hotels Services Ltd Mauritius 18.57 Rose Hill Transport Ltd Mauritius -7.69 TOP 5 USD GAINERS TOP 5 USD DECLINERS Issuer Name Country 1 Day % Chg Issuer Name Country 1 Day % Chg National Insurance Corporation Limited Uganda 258,414.11 Bamburi Cement Kenya Stanbic Bank Uganda Ltd Uganda 258,409.26 BOC Kenya Ltd. Kenya Tanzania Portland Cement Co. Tanzania 181,281.77 Athi River Mining Kenya Tanzania Cigarette Co Tanzania 165,878.41 Kenya Electricity Gen. Comp Kenya Tanga Cement Co. Ltd. Tanzania 162,999.27 Uniwax Ivory Coast

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © BOTSWANA 18th August, 2014 Botswana Pula

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 752.80 752.80 752.80

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (Local Currency) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

First National Bank of Botswana Ltd. 0.04 3,005 107 -0.28 11.41 -8.51 0.04 0.03 -15.40 8.51 90 814 Letshego Limited 0.03 309,819 7,807 0.00 -9.09 -14.55 0.03 0.02 -3.08 27.27 54 1,170 Barclays Bank of Botswana Ltd. 0.04 420 18 0.23 20.40 25.93 0.06 0.04 -25.93 15.00 37 57 Standard Chartered Bank of Botswana Ltd. 0.12 0 0 0.00 -2.56 -3.90 0.12 0.12 0.00 3.90 35 188 Sechaba Brewery Holdings Ltd. 0.25 1,600 396 0.00 -30.26 -40.63 0.26 0.18 -2.94 40.63 32 1,199 Botswana Insurance Holdings Ltd. 0.11 2,171 245 0.00 -7.11 -7.62 0.12 0.11 -1.74 7.62 31 78 ABC Holdings Ltd. 0.07 0 0 0.00 -42.57 -42.57 0.07 0.05 0.00 43.43 18 13 Engen Botswana Ltd. 0.10 3,000 303 0.30 -23.17 -33.77 0.10 0.08 -0.49 33.77 16 11 Sefalana Holding Company Ltd. 0.08 0 0 0.00 -18.52 -28.00 0.08 0.06 0.00 28.00 14 565 Furniture Mart Botswana Ltd. 0.02 0 0 0.00 -10.53 -16.67 0.02 0.02 0.00 16.67 14 3 Turnstar Holdings Ltd. 0.02 500 10 0.00 -16.86 -11.05 0.02 0.02 0.00 18.24 11 249 Wilderness Holdings Limited 0.03 0 0 0.00 -10.00 -25.00 0.03 0.02 0.00 25.00 6 0 Letlole La Rona 0.02 0 0 0.00 -11.89 -20.35 0.02 0.02 0.00 20.35 5 36 RDC Properties Ltd. 0.02 0 0 0.00 -12.78 -43.36 0.02 0.01 0.00 42.96 4 34 Primetime Property Holdings Limited 0.02 5,380 126 0.00 -2.17 -4.91 0.02 0.02 0.00 7.80 3 5 Chobe Holdings Ltd. 0.04 295 11 -0.53 -23.28 -29.66 0.04 0.03 0.00 29.66 3 2 FSG Limited 0.02 0 0 0.00 6.40 -32.20 0.03 0.02 -6.40 37.65 2 8 A-CAP Resources Ltd 0.01 0 0 0.00 61.43 84.57 0.03 0.01 -78.57 0.00 1 0 G4S Security Services(Botswana) Ltd 0.02 15,340 368 0.00 18.64 44.57 0.04 0.02 -44.57 0.42 1 10 Cresta Marakanelo Ltd 0.01 7,000 60 0.00 8.60 -6.25 0.01 0.01 -15.00 6.25 1 6 Imara Holdings Limited 0.02 0 0 0.00 -8.11 -5.26 0.02 0.02 0.00 25.00 1 0 Olympia Capital Corporation 0.00 0 0 0.00 0.00 13.04 0.00 0.00 -13.04 0.00 0 0

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © BOTSWANA USD 18th August, 2014 Botswana Pula

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 752.80 752.80 752.80

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (USD) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

First National Bank of Botswana Ltd. 0.04 3,005 107 755.20 655.46 825.38 0.00 0.00 90 0 Letshego Limited 0.03 309,819 7,807 752.80 830.33 876.85 0.00 0.00 54 0 Barclays Bank of Botswana Ltd. 0.04 420 18 750.85 578.82 531.65 0.00 0.00 37 0 Standard Chartered Bank of Botswana Ltd. 0.12 0 0 752.80 774.67 786.03 0.00 0.00 35 0 Sechaba Brewery Holdings Ltd. 0.25 1,600 396 752.80 1,010.88 1,099.25 0.00 0.00 32 0 Botswana Insurance Holdings Ltd. 0.11 2,171 245 752.80 813.43 817.78 0.00 0.00 31 0 ABC Holdings Ltd. 0.07 0 0 752.80 1,115.88 1,115.88 0.00 0.00 18 0 Engen Botswana Ltd. 0.10 3,000 303 750.27 950.40 1,040.83 0.00 0.00 16 0 Sefalana Holding Company Ltd. 0.08 0 0 752.80 910.73 991.59 0.00 0.00 14 0 Furniture Mart Botswana Ltd. 0.02 0 0 752.80 842.57 894.93 0.00 0.00 14 0 Turnstar Holdings Ltd. 0.02 500 10 752.80 896.59 847.03 0.00 0.00 11 0 Wilderness Holdings Limited 0.03 0 0 752.80 838.08 966.00 0.00 0.00 6 0 Letlole La Rona 0.02 0 0 752.80 854.22 926.34 0.00 0.00 5 0 RDC Properties Ltd. 0.02 0 0 752.80 861.77 1,122.59 0.00 0.00 4 0 Primetime Property Holdings Limited 0.02 5,380 126 752.80 771.34 794.68 0.00 0.00 3 0 Chobe Holdings Ltd. 0.04 295 11 757.36 951.32 1,005.70 0.00 0.00 3 0 FSG Limited 0.02 0 0 752.80 698.22 1,027.43 0.00 0.00 2 0 A-CAP Resources Ltd 0.01 0 0 752.81 228.94 31.58 0.00 0.00 1 0 G4S Security Services(Botswana) Ltd 0.02 15,340 368 752.80 593.80 372.68 0.00 0.00 1 0 Cresta Marakanelo Ltd 0.01 7,000 60 752.81 679.44 806.11 0.00 0.00 1 0 Imara Holdings Limited 0.02 0 0 752.80 821.95 797.69 0.00 0.00 1 0 Olympia Capital Corporation 0.00 0 0 752.81 752.81 641.59 0.00 0.00 0 0

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © BRVM 18th August, 2014 Ivory Coast Franc

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 49,833.92 49,833.92 49,833.92

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (Local Currency) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Sonatel 23,750 7,038 167,152,500 1.04 -18.45 -28.38 24,600 18,000 -3.46 31.94 2,375,000 6,778,664 SOC DE LIMONADERIES ET BRASS 479,000 7 3,353,000 0.00 -19.75 -66.90 500,000 287,000 -4.20 66.90 394,237 2,743,978 Onatel Burkina 7,000 1,372 9,604,000 -4.32 -15.70 -18.64 9,460 5,482 -26.00 27.69 238,000 2,469,860 Societe Generale de Banques en Cote d`Ivoire 73,100 160 11,696,000 0.00 2.53 -13.33 77,000 59,990 -5.06 21.85 227,422 1,081,446 Palm Cote d`Ivoire 18,800 875 16,450,000 0.00 10.48 -13.94 21,000 15,005 -10.48 25.29 145,317 1,825,482 Compagnie Ivoirienne d`Electricite 50,500 321 16,210,500 2.89 18.55 -12.21 70,000 41,625 -27.86 21.32 141,400 1,805,492 Societe Ivoirienne des Tabacs 131,000 103 13,493,000 -0.77 -5.99 -24.76 143,105 100,000 -8.46 31.00 117,605 1,088,090 Banque Internationale Pour le Commerce et l`Industrie de Cote 61,505 d`Ivoi 522 32,105,610 0.00 -2.51 -46.44 73,000 39,000 -15.75 57.71 102,507 241,248 Total Cote d`Ivoire 153,050 1 153,050 0.00 18.16 -60.94 198,000 95,100 -22.70 60.94 96,361 123,137 Saph 17,015 90 1,531,350 3.60 49.81 36.39 33,900 17,015 -49.81 0.00 86,973 133,520 Compagnie Francais Afrique 46,950 78 3,662,100 -2.07 -19.77 -26.89 47,000 37,000 -0.11 26.89 85,154 39,769 Societe Des Caoutchoucs de Grand Bereby. 31,000 5 155,000 0.00 42.06 36.73 53,500 31,000 -42.06 0.00 66,960 451,917 Shell Cote d`Ivoire 50,005 3 150,015 -0.01 16.94 -22.86 65,580 39,005 -23.75 28.20 63,006 152,106 Bank Of Africa-Benin 62,000 87 5,394,000 17.61 -3.08 -5.08 94,000 57,000 -34.04 8.77 62,472 170,291 Unilever Cote D`Ivore 37,700 30 1,131,000 3.33 9.16 -1.89 59,000 31,000 -36.10 21.61 60,719 191,827 Filtisac S.A. 16,350 2,189 35,790,150 0.85 -112.34 -118.00 18,000 6,475 -9.17 152.51 57,649 443,240 Nestle Cote d`Ivoire 47,500 16 760,000 0.00 26.92 -6.74 77,000 38,000 -38.31 25.00 52,417 17,037 Sode CI 50,700 727 36,858,900 -1.40 37.87 -3.47 82,455 45,000 -38.51 12.67 45,630 1,279,972 Societe Multinationale De Bitumes 15,500 15 232,500 0.00 22.48 16.22 22,695 15,500 -31.70 0.00 30,206 38,475 Peyrissac Cote d`Ivoire 163,200 1 163,200 0.00 -45.71 -36.00 174,000 104,500 -6.21 56.17 26,112 118,115 Siem 26,365 20 527,300 0.00 34.90 5.84 40,500 26,365 -34.90 0.00 16,609 40,055 Abidjan Catering 28,605 0 0 0.00 -26.85 -45.65 28,850 18,500 -0.85 54.62 15,606 7,902 Societe Ivoirienne d`Oxygene et d`Acethylene 17,800 400 7,120,000 -2.59 -11.63 -48.33 21,920 12,000 -18.80 48.33 15,546 36,739 Sicable 90,005 17 1,530,085 -0.01 11.59 -26.76 106,500 70,000 -15.49 28.58 13,320 177,298 Uniwax 37,000 10 370,000 1.33 5.13 -32.38 43,000 27,750 -13.95 33.33 12,950 48,724

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © BRVM USD 18th August, 2014 Ivory Coast Franc

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 49,833.92 49,833.92 49,833.92

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (USD) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Sonatel 7,038 0.00 0.00 0 SOC DE LIMONADERIES ET BRASS 7 0.00 0.00 0 Onatel Burkina 7,000.00 1,372 9,604,000 51,992.02 57,674.79 59,143.64 0.00 0.00 238,000 0 Societe Generale de Banques en Cote d`Ivoire 160 0.00 0.00 0 Palm Cote d`Ivoire 875 0.00 0.00 0 Compagnie Ivoirienne d`Electricite 321 0.00 0.00 0 Societe Ivoirienne des Tabacs 103 0.00 0.00 0 Banque Internationale Pour le Commerce et l`Industrie de Cote d`Ivoi 522 0.00 0.00 0 Total Cote d`Ivoire 1 0.00 0.00 0 Saph 90 0.00 0.00 0 Compagnie Francais Afrique 78 0.00 0.00 0 Societe Des Caoutchoucs de Grand Bereby. 5 0.00 0.00 0 Shell Cote d`Ivoire 3 0.00 0.00 0 Bank Of Africa-Benin 87 0.00 0.00 0 Unilever Cote D`Ivore 30 0.00 0.00 0 Filtisac S.A. 2,189 0.00 0.00 0 Nestle Cote d`Ivoire 16 0.00 0.00 0 Sode CI 50,700.00 727 36,858,900 50,533.00 30,925.12 51,566.32 0.00 0.00 45,630 0 Societe Multinationale De Bitumes 15 0.00 0.00 0 Peyrissac Cote d`Ivoire 1 0.00 0.00 0 Siem 20 0.00 0.00 0 Abidjan Catering 28,605.00 0 0 49,833.92 63,241.90 72,627.08 0.00 0.00 15,606 0 Societe Ivoirienne d`Oxygene et d`Acethylene 400 0.00 0.00 0 Sicable 17 0.00 0.00 0 Uniwax 10 0.00 0.00 0

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © EGYPT 18th August, 2014 Egyptian Pound

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 600.26 600.26 600.26

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (Local Currency) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Orascom Construction Industries 269.00 0 0 0.00 8.38 -16.93 362.05 229.83 -25.70 17.04 56,204 55 Commercial International Bank 46.11 2,334,279 107,633,605 2.45 -41.53 -22.41 47.27 31.81 -2.45 44.95 41,875 622,202 Orascom Telecom Holdings S.A.E (OT) 5.11 3,683,576 18,823,073 -0.59 -8.49 -12.56 5.70 4.14 -10.35 23.43 26,805 362,402 Telecom Egypt 13.68 1,027,835 14,060,783 -0.15 6.81 -0.59 17.77 12.19 -23.02 12.22 23,352 122,797 Talaat Mostafa Group(Tmg) 9.74 2,734,182 26,630,933 1.62 -57.61 -91.73 9.99 4.66 -2.50 109.01 20,099 443,167 National Societe Generale Bank 38.05 7,850 298,693 2.44 -27.99 -39.38 39.00 25.00 -2.44 52.20 18,564 10,824 Abou Kir Fertilizers 170.00 1,500 255,000 0.00 -4.97 -17.35 174.80 142.93 -2.75 18.94 14,301 1,832 Egyptian Company for Mobile Services ( MobiNil ) 129.35 1,137 147,071 -1.80 0.76 -26.27 152.94 96.21 -15.42 34.45 12,935 931 EFG Hermes Hldgs. 17.67 2,516,562 44,467,651 3.65 -102.87 -99.89 18.34 7.36 -3.65 140.08 10,133 446,808 El Ezz Aldekhela Steel- Alexandria 694.35 168 116,651 0.09 -7.93 -38.87 759.25 499.96 -8.55 38.88 9,279 6,057 Elswedy Cables Holding Co 36.98 11,675 431,742 -0.08 -15.60 -67.48 36.98 21.00 0.00 76.10 8,261 54,643 Pioneers Holding 15.13 1,751,174 26,495,263 3.07 -185.47 -272.66 15.72 3.74 -3.75 304.55 7,565 303,593 Juhayna Food Industries 10.00 234,022 2,340,220 0.99 36.27 1.96 15.78 9.52 -36.63 5.04 7,060 72,614 Palm Hills Development Company 4.36 9,489,120 41,372,563 1.36 -66.41 -82.43 4.65 2.14 -6.24 103.74 5,878 708,913 Egyptian Iron & Steel 10.40 710,739 7,391,686 1.14 -1.46 -8.90 12.33 8.74 -15.65 18.99 5,079 122,632 G.B. Capital For Trade And Financia 32.90 13,545 445,631 0.27 8.43 -13.45 39.95 28.00 -17.65 17.50 4,244 14,279 Oriental Weavers 46.04 7,150 329,186 -0.55 -33.49 -124.37 51.61 20.60 -10.79 123.50 4,143 37,134 Six of October Development & Investment 43.51 660,372 28,732,786 0.84 -92.44 -93.55 43.88 21.25 -0.84 104.75 3,945 337,812 Housing & Development Bank 23.00 134,817 3,100,791 1.29 -26.10 -43.84 23.30 15.14 -1.29 51.92 2,645 11,897 Sinai Cement 36.95 6,000 221,700 -0.19 -86.33 -109.94 37.50 16.48 -1.47 124.21 2,586 8,561 Misr Cement 70.10 33,291 2,333,699 1.50 -6.29 -0.99 74.12 63.41 -5.42 10.55 2,094 1,305 Cairo Poultry 11.62 2,055 23,879 2.27 -27.27 -30.42 13.89 8.00 -16.34 45.25 2,023 3,323 National Development Bank 8.27 423,180 3,499,699 -0.36 -0.49 -9.68 9.04 7.03 -8.52 17.64 1,654 14,330 Delta Sugar 11.00 15,234 167,574 -0.18 10.79 10.28 13.49 10.26 -18.46 7.21 1,564 4,695 Arab Cotton Ginning 5.55 2,777,712 15,416,302 1.07 -27.88 -66.17 7.24 3.13 -23.34 77.32 1,469 372,899

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © EGYPT USD 18th August, 2014 Egyptian Pound

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 600.26 600.26 600.26

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (USD) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Orascom Construction Industries 269.00 0 0 600.26 541.61 718.79 0.00 0.00 56,204 0 Commercial International Bank 46.11 2,334,279 107,633,605 583.08 891.07 757.15 0.00 0.00 41,875 0 Orascom Telecom Holdings S.A.E (OT) 5.11 3,683,576 18,823,073 604.40 659.73 688.18 0.00 0.00 26,805 0 Telecom Egypt 13.68 1,027,835 14,060,783 601.29 552.56 604.38 0.00 0.00 23,352 0 Talaat Mostafa Group(Tmg) 9.74 2,734,182 26,630,933 588.94 1,003.65 1,242.63 0.00 0.00 20,099 0 National Societe Generale Bank 38.05 7,850 298,693 583.20 796.23 876.00 0.00 0.00 18,564 0 Abou Kir Fertilizers 170.00 1,500 255,000 600.26 635.07 721.79 0.00 0.00 14,301 0 Egyptian Company for Mobile Services ( MobiNil ) 129.35 1,137 147,071 612.88 594.94 784.21 0.00 0.00 12,935 0 EFG Hermes Hldgs. 17.67 2,516,562 44,467,651 574.68 1,320.62 1,299.73 0.00 0.00 10,133 0 El Ezz Aldekhela Steel- Alexandria 694.35 168 116,651 599.64 655.82 872.45 0.00 0.00 9,279 0 Elswedy Cables Holding Co 36.98 11,675 431,742 600.83 709.49 1,072.81 0.00 0.00 8,261 0 Pioneers Holding 15.13 1,751,174 26,495,263 578.73 1,899.05 2,509.59 0.00 0.00 7,565 0 Juhayna Food Industries 10.00 234,022 2,340,220 593.33 346.31 586.53 0.00 0.00 7,060 0 Palm Hills Development Company 4.36 9,489,120 41,372,563 590.75 1,065.32 1,177.46 0.00 0.00 5,878 0 Egyptian Iron & Steel 10.40 710,739 7,391,686 592.27 610.51 662.59 0.00 0.00 5,079 0 G.B. Capital For Trade And Financia 32.90 13,545 445,631 598.35 541.21 694.43 0.00 0.00 4,244 0 Oriental Weavers 46.04 7,150 329,186 604.08 834.76 1,471.15 0.00 0.00 4,143 0 Six of October Development & Investment 43.51 660,372 28,732,786 594.36 1,247.56 1,255.35 0.00 0.00 3,945 0 Housing & Development Bank 23.00 134,817 3,100,791 591.24 783.00 907.25 0.00 0.00 2,645 0 Sinai Cement 36.95 6,000 221,700 601.59 1,204.82 1,370.15 0.00 0.00 2,586 0 Misr Cement 70.10 33,291 2,333,699 589.73 644.32 607.22 0.00 0.00 2,094 0 Cairo Poultry 11.62 2,055 23,879 584.36 791.24 813.25 0.00 0.00 2,023 0 National Development Bank 8.27 423,180 3,499,699 602.81 603.66 668.06 0.00 0.00 1,654 0 Delta Sugar 11.00 15,234 167,574 601.54 524.73 528.29 0.00 0.00 1,564 0 Arab Cotton Ginning 5.55 2,777,712 15,416,302 592.77 795.49 1,063.61 0.00 0.00 1,469 0

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © GHANA 18th August, 2014 Ghana Cedi

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 105.00 105.00 105.00

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (Local Currency) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Tullow Oil Plc 35.05 0 0 0.00 -0.20 -12.88 35.05 30.00 0.00 16.83 31,910 253 AngloGold Ashanti Ltd 37.00 0 0 0.00 0.00 0.00 37.00 37.00 0.00 0.00 14,928 0 Standard Chartered Bank Ghana Ltd. 18.00 160 2,880 0.06 -20.48 -25.61 20.56 14.00 -12.45 28.57 2,079 4,130 Ecobank Ghana Ltd 7.09 2,900 20,561 -0.28 -26.38 -61.14 7.98 4.35 -11.15 62.99 2,078 2,671 Ghana Commercial Bank Ltd. 4.55 14,000 63,700 1.09 6.19 12.50 5.69 4.00 -20.04 13.75 1,205 3,811 Unilever Ghana Ltd. 17.50 100 1,750 0.57 4.42 -15.59 18.31 15.15 -4.42 15.51 1,093 53 Fan Milk Ltd. 5.50 0 0 0.00 16.92 8.33 7.52 5.50 -26.86 0.00 652 5,094 Guinness Ghana Breweries Ltd. 2.50 12,100 30,250 0.00 59.68 44.57 6.40 2.50 -60.94 0.00 528 972 Cal Bank Plc 0.88 29,600 26,048 0.00 9.28 24.14 1.16 0.85 -24.14 3.53 482 4,176 HFC Bank (Ghana) Ltd. 1.35 500 675 -3.85 -40.63 -136.84 1.60 0.60 -15.63 125.00 400 137 SSB Bank Ltd. 1.00 100 100 0.00 -33.33 -16.28 1.18 0.62 -15.25 61.29 333 2,128 Ghana Oil Company Ltd 0.99 2,900 2,871 0.00 -11.24 -19.28 1.00 0.75 -1.00 32.00 249 1,500 Enterprise Group Limited 1.67 400 668 0.00 11.17 7.73 2.50 1.42 -33.20 17.61 219 1,099 Clydestone (GH) Ltd. 0.03 0 0 0.00 25.00 25.00 0.04 0.03 -25.00 0.00 166 0 UT Financial Services Limited 0.36 0 0 0.00 20.00 28.00 0.50 0.34 -28.00 5.88 164 214 Benso Oil Palm Plantation 3.55 10,500 37,275 -1.43 -10.59 5.59 3.85 2.30 -7.79 54.35 123 425 Total Petroleum Ghana Ltd. 6.15 2,000 12,300 1.60 -21.54 -17.14 6.57 4.99 -6.39 23.25 85 14,255 SIC Insurance Company Limited 0.41 400 164 -2.50 -5.13 -2.50 0.52 0.35 -21.15 17.14 80 263 Paterson Zochonis Ghana Ltd. 0.45 0 0 0.00 43.04 10.00 0.91 0.45 -50.55 0.00 75 7 Produce Buying Co 0.12 0 0 0.00 29.41 40.00 0.20 0.12 -40.00 0.00 57 18 Trust Bank 0.24 0 0 0.00 31.43 31.43 0.35 0.24 -31.43 0.00 48 71 Ayrton Drug Manufacturing Ltd 0.18 0 0 0.00 -5.88 -5.88 0.18 0.17 0.00 5.88 38 2 Mechanical Lloyd Company Ltd. 0.30 0 0 0.00 21.05 -3.45 0.39 0.29 -23.08 3.45 15 4 Cocoa Processing Co. 0.01 0 0 0.00 50.00 50.00 0.02 0.01 -50.00 0.00 11 1 Aluworks Ltd. 0.04 70,000 2,800 20.00 20.00 20.00 0.06 0.04 -33.33 0.00 9 5

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © GHANA USD 18th August, 2014 Ghana Cedi

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 105.00 105.00 105.00

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (USD) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Tullow Oil Plc 35.05 0 0 105.00 105.41 131.41 0.00 0.00 31,910 0 AngloGold Ashanti Ltd 37.00 0 0 105.00 105.00 105.00 0.00 0.00 14,928 0 Standard Chartered Bank Ghana Ltd. 18.00 160 2,880 104.89 146.99 157.50 0.00 0.00 2,079 0 Ecobank Ghana Ltd 7.09 2,900 20,561 105.58 159.08 230.33 0.00 0.00 2,078 0 Ghana Commercial Bank Ltd. 4.55 14,000 63,700 102.77 92.32 79.38 0.00 0.00 1,205 0 Unilever Ghana Ltd. 17.50 100 1,750 103.84 95.93 136.96 0.00 0.00 1,093 0 Fan Milk Ltd. 5.50 0 0 105.00 70.32 87.92 0.00 0.00 652 0 Guinness Ghana Breweries Ltd. 2.50 12,100 30,250 105.00 -17.34 13.64 0.00 0.00 528 0 Cal Bank Plc 0.88 29,600 26,048 105.00 85.98 55.52 0.00 0.00 482 0 HFC Bank (Ghana) Ltd. 1.35 500 675 112.88 188.28 385.53 0.00 0.00 400 0 SSB Bank Ltd. 1.00 100 100 105.00 173.33 138.37 0.00 0.00 333 0 Ghana Oil Company Ltd 0.99 2,900 2,871 105.00 128.03 144.52 0.00 0.00 249 0 Enterprise Group Limited 1.67 400 668 105.00 82.10 89.14 0.00 0.00 219 0 Clydestone (GH) Ltd. 0.03 0 0 105.00 53.75 53.75 0.00 0.00 166 0 UT Financial Services Limited 0.36 0 0 105.00 64.00 47.60 0.00 0.00 164 0 Benso Oil Palm Plantation 3.55 10,500 37,275 107.93 126.71 93.55 0.00 0.00 123 0 Total Petroleum Ghana Ltd. 6.15 2,000 12,300 101.72 149.16 140.14 0.00 0.00 85 0 SIC Insurance Company Limited 0.41 400 164 110.13 115.51 110.13 0.00 0.00 80 0 Paterson Zochonis Ghana Ltd. 0.45 0 0 105.00 16.77 84.50 0.00 0.00 75 0 Produce Buying Co 0.12 0 0 105.00 44.71 23.00 0.00 0.00 57 0 Trust Bank 0.24 0 0 105.00 40.57 40.57 0.00 0.00 48 0 Ayrton Drug Manufacturing Ltd 0.18 0 0 105.00 117.06 117.06 0.00 0.00 38 0 Mechanical Lloyd Company Ltd. 0.30 0 0 105.00 61.84 112.07 0.00 0.00 15 0 Cocoa Processing Co. 0.01 0 0 105.00 2.50 2.50 0.00 0.00 11 0 Aluworks Ltd. 0.04 70,000 2,800 64.00 64.00 64.00 0.00 0.00 9 0

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © KENYA 18th August, 2014 Kenyan Shilling

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 8,618.00 8,618.00 8,618.00

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (Local Currency) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Safaricom 12.75 26,877,600 342,689,400 -0.39 -17.51 -58.39 13.20 7.50 -3.41 70.00 510,834 4,609,932 East African Breweries 295.00 240,900 71,065,500 0.34 -1.72 9.79 344.00 219.00 -14.24 34.70 233,278 2,873,219 Equity Bank Limited 45.75 1,576,900 72,143,175 -0.55 -48.78 -30.71 47.25 29.75 -3.17 53.78 169,402 2,763,227 Kenya Commercial Bank 56.50 530,700 29,984,550 0.00 -19.58 -25.56 58.50 42.00 -3.42 34.52 168,608 3,067,540 Standard Chartered Bank 313.00 6,100 1,909,300 0.95 -2.96 -6.10 325.00 282.00 -3.69 10.99 96,766 127,762 Barclays Bank Kenya 17.45 341,600 5,960,920 -0.87 0.85 1.69 18.75 16.00 -6.93 9.06 94,780 265,404 Co-Operative Bank Of Kenya Ltd 19.10 856,500 16,359,150 0.00 -7.61 -15.76 24.00 15.75 -20.42 21.27 93,385 538,449 British American Tobacco (Kenya) Ltd 733.00 25,600 18,764,800 -4.42 -22.17 -27.92 733.00 521.00 0.00 40.69 73,300 284,968 Bamburi Cement 171.00 6,300 1,077,300 2.29 18.57 21.20 217.00 170.00 -21.20 0.59 62,066 260,656 Nation Media Group 310.00 10,200 3,162,000 0.32 1.27 1.59 330.00 300.00 -6.06 3.33 58,448 149,417 Diamond Trust Kenya 248.00 100 24,800 1.20 -29.17 -42.53 275.00 172.00 -9.82 44.19 54,584 230,877 City Trust 138.00 10,100 1,393,800 0.00 -15.00 -53.33 147.00 85.00 -6.12 62.35 54,145 96,486 CFC Bank 127.00 31,200 3,962,400 0.00 -45.98 -76.39 148.00 68.00 -14.19 86.76 50,205 338,932 NIC Bank Ltd. 69.50 258,700 17,979,650 -1.46 -15.83 -19.83 69.50 55.00 0.00 26.36 41,511 222,990 Athi River Mining 83.00 3,200 265,600 -3.75 7.78 -17.73 97.00 70.00 -14.43 18.57 41,107 261,842 Centum Investment Company Ltd 47.75 40,700 1,943,425 0.52 -44.70 -85.44 49.25 23.25 -3.05 105.38 31,774 344,682 Kenya Power & Lighting 14.30 170,600 2,439,580 0.00 -1.06 0.69 15.35 12.90 -6.84 10.85 27,905 263,327 Kenya Electricity Gen. Comp 11.50 348,500 4,007,750 -3.14 15.13 31.14 17.35 8.90 -33.72 29.21 25,281 63,668 Jubilee Holdings 399.00 1,700 678,300 -4.72 -42.50 -45.09 414.00 255.00 -3.62 56.47 23,898 45,592 Scangroup Limited 44.75 16,900 756,275 0.56 7.25 35.61 69.50 43.50 -35.61 2.87 16,954 503,834 Kenya Airways 9.80 105,600 1,034,880 4.85 24.90 -9.50 14.05 9.00 -30.25 8.89 14,665 71,124 Kenya Reinsurance Corporation 17.75 833,700 14,798,175 -1.43 -14.52 0.00 20.50 14.45 -13.41 22.84 12,424 235,726 KenolKobil 8.30 464,700 3,857,010 -0.61 17.82 1.78 10.35 8.00 -19.81 3.75 12,215 244,124 Pan Africa Insurance 122.00 300 36,600 1.61 -35.56 -103.33 141.00 59.50 -13.48 105.04 11,712 44,143 Housing Finance Corp 45.25 34,600 1,565,650 -1.69 -43.65 -79.21 50.00 24.00 -9.50 88.54 10,667 148,743

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © KENYA USD 18th August, 2014 Kenyan Shilling

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 8,618.00 8,618.00 8,618.00

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (USD) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Safaricom 12.75 26,877,600 342,689,400 8,652.36 10,144.67 13,708.12 0.00 0.00 510,834 0 East African Breweries 240,900 0.00 0.00 0 Equity Bank Limited 45.75 1,576,900 72,143,175 8,665.91 12,870.70 11,295.68 0.00 0.00 169,402 0 Kenya Commercial Bank 56.50 530,700 29,984,550 8,618.01 10,324.70 10,845.94 0.00 0.00 168,608 0 Standard Chartered Bank 6,100 0.00 0.00 0 Barclays Bank Kenya 17.45 341,600 5,960,920 8,693.59 8,543.71 8,470.68 0.00 0.00 94,780 0 Co-Operative Bank Of Kenya Ltd 19.10 856,500 16,359,150 8,618.04 9,281.09 9,991.78 0.00 0.00 93,385 0 British American Tobacco (Kenya) Ltd 25,600 0.00 0.00 0 Bamburi Cement 6,300 0.00 0.00 0 Nation Media Group 10,200 0.00 0.00 0 Diamond Trust Kenya 100 0.00 0.00 0 City Trust 10,100 0.00 0.00 0 CFC Bank 31,200 0.00 0.00 0 NIC Bank Ltd. 258,700 0.00 0.00 0 Athi River Mining 3,200 0.00 0.00 0 Centum Investment Company Ltd 47.75 40,700 1,943,425 8,572.61 12,514.69 16,066.44 0.00 0.00 31,774 0 Kenya Power & Lighting 170,600 0.00 0.00 0 Kenya Electricity Gen. Comp 348,500 0.00 0.00 0 Jubilee Holdings 1,700 0.00 0.00 0 Scangroup Limited 44.75 16,900 756,275 8,569.57 7,985.62 5,513.39 0.00 0.00 16,954 0 Kenya Airways 105,600 0.00 0.00 0 Kenya Reinsurance Corporation 17.75 833,700 14,798,175 8,742.55 9,883.52 0.00 0.00 0.00 12,424 0 KenolKobil 464,700 0.00 0.00 0 Pan Africa Insurance 300 0.00 0.00 0 Housing Finance Corp 34,600 0.00 0.00 0

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © MALAWI 18th August, 2014 Malawi Kwacha

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 33,400.00 33,400.00 33,400.00

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (Local Currency) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

National Bank of Malawi 236 415 97,940 0.00 -9.77 -166.67 236 115 0.00 105.04 110,194 743,427 ILLOVO SUGAR MALAWI LTD 294 0 0 0.00 -2.44 -39.34 294 211 0.00 39.34 102,858 6,825,203 Standard Bank Malawi 395 0 0 0.00 1.25 -120.68 400 182 -1.25 117.04 94,802 402,247 Press Corporation Limited 344 0 0 0.00 -20.74 -82.09 344 200 0.00 72.05 41,380 75,295 Telekom Networks Malawi Limited 3 71,000 241,400 0.00 -58.88 -106.06 3 2 0.00 106.06 34,137 1,586,161 First Merchant Bank 15 0 0 0.00 3.33 -37.96 19 12 -23.68 22.47 33,875 39,258 NBS Bank Malawi 17 83,057 1,419,444 0.00 -6.81 -62.76 17 11 0.00 62.76 8,431 405,886 National Investment Trust Limited 35 0 0 0.00 -18.78 -54.36 35 23 0.00 54.84 4,730 118,502 Malawi Property Company Limited 4 0 0 0.00 -100.00 -100.00 4 2 0.00 100.00 4,596 295,324 Nico Holdings Limited 27 0 0 0.00 -51.69 -88.81 27 10 0.00 170.00 2,700 170,171 Sunbird Hotels and Lodges 8 0 0 0.00 -7.86 -14.92 8 7 0.00 14.92 1,974 476 Real Insurance Company of Malawi 2 0 0 0.00 -52.00 -52.00 2 1 0.00 52.00 380 2,309

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © MALAWI USD 18th August, 2014 Malawi Kwacha

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 33,400.00 33,400.00 33,400.00

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (USD) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

National Bank of Malawi 415 0.00 0.00 0 ILLOVO SUGAR MALAWI LTD 0 0.00 0.00 0 Standard Bank Malawi 395.01 0 0 33,400.01 32,982.11 73,826.50 0.00 0.00 94,802 0 Press Corporation Limited 0 0.00 0.00 0 Telekom Networks Malawi Limited 3.40 71,000 241,400 33,400.84 53,124.80 68,935.53 0.00 0.00 34,137 0 First Merchant Bank 0 0.00 0.00 0 NBS Bank Malawi 17.09 83,057 1,419,444 33,400.61 35,682.33 54,425.73 0.00 0.00 8,431 0 National Investment Trust Limited 35.04 0 0 33,400.00 39,691.50 51,611.16 0.00 0.00 4,730 0 Malawi Property Company Limited 4.00 0 0 33,400.84 66,901.68 66,901.68 0.00 0.00 4,596 0 Nico Holdings Limited 0 0.00 0.00 0 Sunbird Hotels and Lodges 0 0.00 0.00 0 Real Insurance Company of Malawi 1.52 0 0 33,402.31 50,821.27 50,821.27 0.00 0.00 380 0

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © MAURITIUS 18th August, 2014 Mauritius Rupee

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 3,002.50 3,002.50 3,002.50

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (Local Currency) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

State Bank of Mauritius Ltd 1.07 4,766,600 5,100,262 0.00 -2.88 -2.88 1.08 1.00 -0.93 7.00 32,500 318,557 New Mauritius Hotels Ltd 87.00 135,316 11,772,492 0.00 1.69 -29.85 92.00 66.00 -5.43 31.82 14,043 82,247 Savannah Sugar Estates Ltd 50.00 1,000 50,000 -1.94 0.99 -16.28 51.50 43.00 -2.91 16.28 11,525 29,539 Ireland Blyth Ltd 110.00 1,548 170,280 0.00 -7.84 -26.44 110.50 87.50 -0.45 25.71 7,858 13,860 Gamma Civic Ltd 51.50 1,300 66,950 -1.98 -47.14 -77.59 53.00 28.40 -2.83 81.34 6,862 8,757 Medine Sugar Estates 69.00 50 3,450 1.08 -1.47 -7.81 70.00 59.00 -1.43 16.95 5,998 3,050 Mon Tresor Mon Desert Ltd 86.00 2,300 197,800 1.15 3.37 -7.50 94.50 80.00 -8.99 7.50 5,763 13,169 Naiade Resorts 48.60 19,800 962,280 0.00 -23.66 -102.50 48.90 24.50 -0.61 98.37 5,542 32,473 Rogers & Co. Ltd 201.00 1,700 341,700 -1.01 -1.01 -13.56 208.00 176.00 -3.37 14.20 5,066 25,000 Sun Resorts Ltd 43.80 1,300 56,940 -0.69 -5.29 -56.43 47.20 28.10 -7.20 55.87 4,966 151,334 Espitalier Noel Investment Trust Ltd 47.50 2,200 104,500 -3.26 5.00 -10.47 53.00 43.00 -10.38 10.47 4,098 4,672 Shell Mauritius Ltd 139.00 1,120 155,680 0.00 8.55 -0.36 158.00 123.00 -12.03 13.01 4,075 3,547 Promotion & Development Ltd 96.00 2,216 212,736 0.00 -15.66 -23.08 100.00 78.00 -4.00 23.08 3,735 3,719 Phoenix Beverages Ltd 204.00 300 61,200 -2.00 -6.81 -0.74 205.00 185.00 -0.49 10.27 3,355 6,576 Mauritius Union Assurance Ltd 137.00 300 41,100 -1.11 -11.38 -14.17 137.00 120.00 0.00 14.17 2,745 3,178 Swan Insurance Co. Ltd 310.00 200 62,000 0.00 1.59 1.59 315.00 290.00 -1.59 6.90 2,565 14,374 Black River Investment 4,060.00 0 0 0.00 -50.37 -50.37 4,060.00 2,500.00 0.00 62.40 2,233 648 United Basalt Products Ltd 84.00 5,100 428,400 -1.20 11.58 9.68 97.00 80.50 -13.40 4.35 2,226 21,639 Mauritius Development Investment Trust Ltd 5.90 101,000 595,900 0.00 1.67 -6.12 6.08 5.50 -2.96 7.27 2,081 5,344 Innodis Ltd 56.50 0 0 0.00 -8.65 -17.71 58.00 48.00 -2.59 17.71 2,075 19,944 Excelsior United Development Cos 17.00 0 0 -10.03 -13.71 -41.67 17.00 12.00 0.00 41.67 2,064 3,922 Medine Share Holding 3,400.00 0 0 0.00 -59.62 -36.00 3,400.00 2,050.00 0.00 65.85 2,054 918 Fincorp Investments Ltd 19.75 600 11,850 -1.28 -6.76 -15.84 20.10 17.05 -1.74 15.84 2,041 1,202 Morning Light Co. Ltd 42.00 0 0 -0.48 0.00 0.00 42.00 40.20 0.00 4.48 1,930 0 The Anglo Mauritius Assurance Society Ltd 700.00 0 0 0.71 -7.69 -14.75 705.00 610.00 -0.71 14.75 1,842 110

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © MAURITIUS USD 18th August, 2014 Mauritius Rupee

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 3,002.50 3,002.50 3,002.50

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (USD) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

State Bank of Mauritius Ltd 1.07 4,766,600 5,100,262 3,002.53 3,092.03 3,092.03 0.00 0.00 32,500 0 New Mauritius Hotels Ltd 87.00 135,316 11,772,492 3,002.50 2,949.92 3,928.62 0.00 0.00 14,043 0 Savannah Sugar Estates Ltd 50.00 1,000 50,000 3,062.59 2,971.78 3,507.56 0.00 0.00 11,525 0 Ireland Blyth Ltd 110.00 1,548 170,280 3,002.50 3,245.83 3,822.70 0.00 0.00 7,858 0 Gamma Civic Ltd 51.50 1,300 66,950 3,063.94 4,465.11 5,409.61 0.00 0.00 6,862 0 Medine Sugar Estates 69.00 50 3,450 2,969.14 3,048.13 3,244.88 0.00 0.00 5,998 0 Mon Tresor Mon Desert Ltd 86.00 2,300 197,800 2,966.84 2,897.92 3,235.19 0.00 0.00 5,763 0 Naiade Resorts 48.60 19,800 962,280 3,002.50 3,736.68 6,182.57 0.00 0.00 5,542 0 Rogers & Co. Ltd 201.00 1,700 341,700 3,033.68 3,033.68 3,423.18 0.00 0.00 5,066 0 Sun Resorts Ltd 43.80 1,300 56,940 3,023.90 3,166.57 4,753.20 0.00 0.00 4,966 0 Espitalier Noel Investment Trust Ltd 47.50 2,200 104,500 3,103.67 2,847.38 3,327.18 0.00 0.00 4,098 0 Shell Mauritius Ltd 139.00 1,120 155,680 3,002.50 2,737.16 3,013.70 0.00 0.00 4,075 0 Promotion & Development Ltd 96.00 2,216 212,736 3,002.50 3,488.43 3,718.46 0.00 0.00 3,735 0 Phoenix Beverages Ltd 204.00 300 61,200 3,064.55 3,213.67 3,025.48 0.00 0.00 3,355 0 Mauritius Union Assurance Ltd 137.00 300 41,100 3,036.85 3,355.63 3,442.02 0.00 0.00 2,745 0 Swan Insurance Co. Ltd 310.00 200 62,000 3,002.50 2,953.25 2,953.25 0.00 0.00 2,565 0 Black River Investment 4,060.00 0 0 3,002.50 4,565.24 4,565.24 0.00 0.00 2,233 0 United Basalt Products Ltd 84.00 5,100 428,400 3,039.88 2,643.26 2,702.26 0.00 0.00 2,226 0 Mauritius Development Investment Trust Ltd 5.90 101,000 595,900 3,002.50 2,950.80 3,192.23 0.00 0.00 2,081 0 Innodis Ltd 56.50 0 0 3,002.50 3,270.99 3,551.90 0.00 0.00 2,075 0 Excelsior United Development Cos 17.00 0 0 3,313.76 3,427.93 4,295.22 0.00 0.00 2,064 0 Medine Share Holding 3,400.00 0 0 3,002.50 4,852.35 4,119.40 0.00 0.00 2,054 0 Fincorp Investments Ltd 19.75 600 11,850 3,042.28 3,212.13 3,493.81 0.00 0.00 2,041 0 Morning Light Co. Ltd 42.00 0 0 3,017.35 3,002.50 3,002.50 0.00 0.00 1,930 0 The Anglo Mauritius Assurance Society Ltd 700.00 0 0 2,980.50 3,241.15 3,460.25 0.00 0.00 1,842 0

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © MOROCCO 18th August, 2014 Moroccan Dirham

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 748.20 748.20 748.20

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (Local Currency) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Maroc Telecom 104.25 11,504 1,199,292 0.24 -8.59 -15.19 105.00 86.91 -0.71 19.95 91,645,689 619,682 CGI 735.00 3 2,205 3.92 6.61 -44.12 880.00 498.00 -16.48 47.59 13,529,880 34,744 Wafa Assurance 3,350.00 0 0 0.00 -11.67 -18.79 3,490.00 2,758.00 -4.01 21.46 11,725,000 89,546 Attijariwafa Bank 314.00 98,177 30,827,578 0.00 -2.95 1.89 338.00 303.30 -7.10 3.53 63,907 1,028,076 Banque Marocaine du Commerce Exterieur 207.00 964 199,548 1.33 -1.22 -5.61 213.00 194.05 -2.82 6.67 37,148 934,855 Banque Centrale Populaire 193.00 1,724 332,732 -0.52 0.26 -3.10 197.50 185.00 -2.28 4.32 33,416 214,001 Douja Promotion Grp Addoha Maroc 55.01 0 0 0.00 1.59 -22.24 67.00 40.00 -17.90 37.53 17,743 288,123 Centrale Laitiere 1,387.00 0 0 0.00 2.32 11.60 1,643.00 1,387.00 -15.58 0.00 13,065 78,591 Ciment du Maroc 900.00 195 175,500 -1.35 -5.88 -42.86 981.00 628.00 -8.26 43.31 12,992 50,676 Banque Marocaine Pour Le Commerce Et L`Industrie (BMCI) 780.00 0 0 0.00 1.27 2.26 835.00 702.00 -6.59 11.11 10,357 39,407 Holcim (Maroc) 1,746.00 1 1,746 3.00 -19.59 -23.74 1,800.00 1,325.00 -3.00 31.77 8,636 87,625 Credit Immobilier et Hotelier 291.00 0 0 0.00 -11.92 -23.83 295.00 228.55 -1.36 27.32 7,742 24,457 Brasseries du Maroc. 2,020.00 0 0 0.00 8.60 15.83 2,500.00 2,020.00 -19.20 0.00 5,715 73,901 Auto Nejma 1,481.00 0 0 0.00 -2.99 -15.61 1,725.00 1,355.00 -14.14 9.30 1,515 111 Salafin 560.00 48 26,880 0.00 -2.75 -1.63 591.00 520.00 -5.25 7.69 1,340 4,527 Maroc Leasing 328.00 0 0 0.00 18.00 18.00 429.20 322.00 -23.58 1.86 910 17 Matel Pc Market 198.75 10 1,988 -1.92 -16.91 -24.06 227.00 153.10 -12.44 29.82 374 5,061 Stokvis Nord Afrique 35.00 30 1,050 -6.00 12.46 9.09 41.40 33.02 -15.46 6.00 321 2,298 Papelera Tetuan 43.49 1,327 57,711 -1.14 -123.14 -81.21 44.75 17.40 -2.82 149.94 112 85,491 Cartier Saada 18.75 2 38 0.00 -1.90 -3.02 19.50 17.27 -3.85 8.57 98 171

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © MOROCCO USD 18th August, 2014 Moroccan Dirham

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 748.20 748.20 748.20

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (USD) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Maroc Telecom 104.25 11,504 1,199,292 746.17 821.09 877.07 0.00 0.00 91,645,689 0 CGI 735.00 3 2,205 714.94 692.16 1,122.41 0.00 0.00 13,529,880 0 Wafa Assurance 3,350.00 0 0 748.20 847.16 907.61 0.00 0.00 11,725,000 0 Attijariwafa Bank 314.00 98,177 30,827,578 748.20 773.23 732.17 0.00 0.00 63,907 0 Banque Marocaine du Commerce Exterieur 207.00 964 199,548 736.88 758.57 795.80 0.00 0.00 37,148 0 Banque Centrale Populaire 193.00 1,724 332,732 752.62 746.01 774.48 0.00 0.00 33,416 0 Douja Promotion Grp Addoha Maroc 55.01 0 0 748.20 734.70 936.88 0.00 0.00 17,743 0 Centrale Laitiere 1,387.00 0 0 748.20 728.49 649.81 0.00 0.00 13,065 0 Ciment du Maroc 900.00 195 175,500 759.66 798.09 1,111.71 0.00 0.00 12,992 0 Banque Marocaine Pour Le Commerce Et L`Industrie (BMCI) 780.00 0 0 748.20 737.46 729.07 0.00 0.00 10,357 0 Holcim (Maroc) 1,746.00 1 1,746 722.75 914.35 949.58 0.00 0.00 8,636 0 Credit Immobilier et Hotelier 291.00 0 0 748.20 849.33 950.32 0.00 0.00 7,742 0 Brasseries du Maroc. 2,020.00 0 0 748.20 675.28 613.90 0.00 0.00 5,715 0 Auto Nejma 1,481.00 0 0 748.20 773.56 880.63 0.00 0.00 1,515 0 Salafin 560.00 48 26,880 748.20 771.54 762.05 0.00 0.00 1,340 0 Maroc Leasing 328.00 0 0 748.20 595.52 595.52 0.00 0.00 910 0 Matel Pc Market 198.75 10 1,988 764.51 891.65 952.31 0.00 0.00 374 0 Stokvis Nord Afrique 35.00 30 1,050 799.06 642.55 671.09 0.00 0.00 321 0 Papelera Tetuan 43.49 1,327 57,711 757.87 1,792.67 1,437.01 0.00 0.00 112 0 Cartier Saada 18.75 2 38 748.20 764.33 773.83 0.00 0.00 98 0

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © NAMIBIA 18th August, 2014 Namibian Dollar

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 890.30 890.30 890.30

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (Local Currency) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Anglo American plc 278.01 0 0 0.00 -20.71 -17.50 295.56 213.55 -5.94 30.18 388,273 52,926 Firstrand Ltd 42.95 0 0 0.35 -19.67 -38.33 44.58 29.75 -3.66 44.37 242,149 90,369 Old Mutual plc 34.72 11,020 382,614 -0.64 -5.89 -12.11 37.10 29.00 -6.42 19.72 170,323 59,966 Sanlam 64.20 0 0 -0.91 -20.59 -38.24 64.20 45.12 0.00 42.29 139,087 88,344 Nedbank Group Ltd. 233.55 0 0 0.73 -11.21 -23.25 245.37 185.50 -4.82 25.90 120,038 66,889 Shoprite Holdings Ltd 154.13 0 0 1.51 6.02 5.00 187.75 136.70 -17.91 12.75 88,296 52,252 MMI Holdings Limited 26.79 0 0 -1.75 -5.89 -22.11 27.20 20.57 -1.51 30.24 42,055 65,211 Truworths International Ltd 69.09 0 0 -0.14 9.99 17.76 99.28 66.00 -30.41 4.68 29,200 102,988 Santam Ltd 210.66 0 0 -0.75 -13.09 -12.65 218.08 164.49 -3.40 28.07 25,141 20,396 Barloworld Intern Transport 99.55 0 0 -0.76 0.46 -16.54 116.48 85.26 -14.53 16.76 23,006 54,457 Oceana Group Ltd 82.00 0 0 -1.86 0.00 6.52 92.00 76.80 -10.87 6.77 9,801 6,069 Vukile Property Fund 17.20 1,151,298 19,802,326 -0.58 -1.78 -8.18 17.83 14.60 -3.53 17.81 8,898 73,218 African Oxygen Ltd 19.40 0 0 0.97 11.82 0.51 22.50 18.20 -13.78 6.59 6,651 27,559 FNB Namibia Holdings Ltd. 24.16 10,000 241,600 -0.62 -11.29 -25.05 24.16 19.32 0.00 25.05 6,465 8,708 Paladin Energy Ltd 3.89 0 0 -0.52 11.99 32.93 5.98 2.86 -34.95 36.01 3,751 0 Namibia Breweries 16.40 0 0 0.00 -1.11 -14.13 16.40 14.37 0.00 14.13 3,387 5,675 Bidvest Namibia Limited 13.03 0 0 0.00 -3.41 -4.07 13.03 12.51 0.00 4.16 2,761 5,363 Trustco Group Hldgs Ltd 1.95 0 0 0.00 -95.00 -129.41 2.10 0.70 -7.14 178.57 1,505 166 Oryx Properties Ltd. 18.00 0 0 0.00 -4.35 -15.02 18.01 15.65 -0.06 15.02 1,188 10,491 Namibia Asset Management Ltd 0.65 0 0 0.00 -103.13 -209.52 0.65 0.21 0.00 209.52 130 2,573 Nictus Beperk 0.89 0 0 0.00 6.32 28.80 1.30 0.56 -31.54 58.93 58 0

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © NAMIBIA USD 18th August, 2014 Namibian Dollar

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 890.30 890.30 890.30

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (USD) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Anglo American plc 0 0.00 0.00 0 Firstrand Ltd 0 0.00 0.00 0 Old Mutual plc 11,020 0.00 0.00 0 Sanlam 0 0.00 0.00 0 Nedbank Group Ltd. 233.55 0 0 883.10 1,001.36 1,120.50 0.00 0.00 120,038 0 Shoprite Holdings Ltd 0 0.00 0.00 0 MMI Holdings Limited 26.79 0 0 907.60 948.62 1,109.21 0.00 0.00 42,055 0 Truworths International Ltd 0 0.00 0.00 0 Santam Ltd 0 0.00 0.00 0 Barloworld Intern Transport 0 0.00 0.00 0 Oceana Group Ltd 0 0.00 0.00 0 Vukile Property Fund 17.20 1,151,298 19,802,326 896.09 907.88 971.27 0.00 0.00 8,898 0 African Oxygen Ltd 19.40 0 0 880.70 773.26 885.22 0.00 0.00 6,651 0 FNB Namibia Holdings Ltd. 10,000 0.00 0.00 0 Paladin Energy Ltd 3.89 0 0 895.42 771.55 564.18 0.00 0.00 3,751 0 Namibia Breweries 0 0.00 0.00 0 Bidvest Namibia Limited 13.03 0 0 890.30 924.10 930.64 0.00 0.00 2,761 0 Trustco Group Hldgs Ltd 1.95 0 0 890.30 1,831.09 2,171.88 0.00 0.00 1,505 0 Oryx Properties Ltd. 18.00 0 0 890.30 933.36 1,039.00 0.00 0.00 1,188 0 Namibia Asset Management Ltd 0.65 0 0 890.31 1,911.57 2,965.31 0.00 0.00 130 0 Nictus Beperk 0 0.00 0.00 0

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © NIGERIA 18th August, 2014 Nigerian Naira

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 16,030.00 16,030.00 16,030.00

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (Local Currency) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Dangote Cement Plc 226.00 176,962 39,993,412 0.00 -3.20 -18.95 250.00 185.00 -9.60 22.16 3,851,154 2,469,990 Nigerian Breweries Plc 173.10 823,046 142,469,263 -1.05 -3.10 -2.12 186.90 144.94 -7.38 19.43 1,309,104 3,944,033 Nestle Foods Nigeria Plc 1,110.00 93,921 104,252,310 0.00 7.50 -18.72 1,250.00 930.00 -11.20 19.35 879,848 2,827,229 GT Bank Plc 28.85 9,500,793 274,097,878 0.86 -6.77 -15.35 31.60 22.67 -8.70 27.26 849,089 6,005,225 Zenith Bank 24.10 16,137,590 388,915,919 -0.84 12.04 -15.64 27.40 19.35 -12.04 24.55 756,655 6,077,779 West African Portland Cement Plc 118.00 515,110 60,782,980 0.00 -2.61 -22.92 124.02 90.00 -4.85 31.11 354,188 1,019,287 Guinness Nigeria Plc 187.45 44,502 8,341,900 0.82 20.57 29.26 266.70 162.61 -29.72 15.28 276,474 494,107 African Petroleum Plc. 233.90 371,830 86,971,037 -3.50 -139.28 -484.75 257.01 35.70 -8.99 555.18 252,677 803,789 Oando Plc 26.69 0 0 0.00 -10.06 -118.77 33.47 9.32 -20.26 186.37 236,715 4,260,062 United Bank for Africa Plc (Group) 7.13 7,619,939 54,330,165 0.97 19.89 9.86 9.41 6.70 -24.23 6.42 235,157 1,568,549 Access Bank Nigeria Plc 9.78 13,027,160 127,405,625 -0.41 -1.88 11.17 11.08 7.31 -11.73 33.79 223,847 2,876,361 Unilever Nigeria Plc 49.00 231,239 11,330,711 0.00 8.92 22.22 62.50 43.32 -21.60 13.11 185,381 491,904 Ecobank Transnational Incorporated 17.20 1,744,897 30,012,228 0.12 -6.17 -17.25 18.33 12.70 -6.16 35.43 170,509 845,615 Flour Mills Nigeria Plc 68.11 709,007 48,290,467 15.81 21.71 13.30 91.85 65.00 -25.85 4.78 162,487 527,903 Transnational Corporation of Nigerian Plc 5.60 14,164,030 79,318,568 0.53 -28.74 -330.77 5.91 1.23 -5.25 355.28 144,558 3,488,961 P.Z Cussons Nigeria Plc. 36.00 318,220 11,455,920 0.00 2.70 4.26 42.30 30.69 -14.89 17.30 142,937 187,561 Union Bank of Nigeria Plc 8.18 736,318 6,023,081 -0.86 15.06 24.95 11.00 8.11 -25.64 0.86 138,534 67,896 Cadbury Nigeria Plc 67.02 123,510 8,277,640 0.00 -13.57 -31.67 90.78 45.41 -26.17 47.59 125,877 142,229 Dangote Sugar Refinery Plc 8.90 620,751 5,524,684 0.45 23.93 19.68 12.27 8.77 -27.47 1.48 106,799 223,451 UACN Plc 61.00 317,204 19,349,444 0.00 8.96 1.44 71.20 54.00 -14.33 12.96 97,643 744,104 Diamond Bank Plc 6.20 3,406,406 21,119,717 0.16 15.65 7.46 7.95 5.90 -22.01 5.08 89,746 575,227 International Breweries Plc 27.50 397,396 10,928,390 0.00 4.18 -28.21 30.01 18.00 -8.36 52.78 89,719 65,085 Julius Berger Nigeria Plc 65.00 245,140 15,934,100 0.00 10.08 8.45 78.50 63.00 -17.20 3.17 85,800 740,552 First City Monument Bank Plc 4.28 3,966,667 16,977,335 -0.71 -15.99 2.51 4.40 3.10 -2.73 38.06 80,086 372,328 Ashaka Cement 34.70 737,662 25,596,871 -2.06 -65.32 -57.73 34.70 14.00 0.00 147.86 77,709 649,563

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © NIGERIA USD 18th August, 2014 Nigerian Naira

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 16,030.00 16,030.00 16,030.00

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (USD) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Dangote Cement Plc 226.00 176,962 39,993,412 16,030.01 16,546.34 19,086.22 0.00 0.00 3,851,154 0 Nigerian Breweries Plc 173.10 823,046 142,469,263 16,199.50 16,529.57 16,372.60 0.00 0.00 1,309,104 0 Nestle Foods Nigeria Plc 1,110.00 93,921 104,252,310 16,030.00 14,820.25 19,048.98 0.00 0.00 879,848 0 GT Bank Plc 28.85 9,500,793 274,097,878 15,891.44 17,122.54 18,506.66 0.00 0.00 849,089 0 Zenith Bank 24.10 16,137,590 388,915,919 16,164.99 14,087.40 18,553.25 0.00 0.00 756,655 0 West African Portland Cement Plc 118.00 515,110 60,782,980 16,030.00 16,450.79 19,726.47 0.00 0.00 354,188 0 Guinness Nigeria Plc 187.45 44,502 8,341,900 15,897.73 12,711.73 11,309.70 0.00 0.00 276,474 0 African Petroleum Plc. 233.90 371,830 86,971,037 16,593.85 38,496.53 94,220.22 0.00 0.00 252,677 0 Oando Plc 26.69 0 0 16,030.01 17,653.09 35,187.90 0.00 0.00 236,715 0 United Bank for Africa Plc (Group) 7.13 7,619,939 54,330,165 15,873.30 12,822.29 14,439.45 0.00 0.00 235,157 0 Access Bank Nigeria Plc 9.78 13,027,160 127,405,625 16,096.34 16,332.56 14,228.20 0.00 0.00 223,847 0 Unilever Nigeria Plc 49.00 231,239 11,330,711 16,030.04 14,590.94 12,445.57 0.00 0.00 185,381 0 Ecobank Transnational Incorporated 17.20 1,744,897 30,012,228 16,011.36 17,025.85 18,811.91 0.00 0.00 170,509 0 Flour Mills Nigeria Plc 68.11 709,007 48,290,467 13,479.93 12,527.77 13,884.42 0.00 0.00 162,487 0 Transnational Corporation of Nigerian Plc 5.60 14,164,030 79,318,568 15,944.47 20,665.35 69,387.53 0.00 0.00 144,558 0 P.Z Cussons Nigeria Plc. 36.00 318,220 11,455,920 16,030.04 15,594.07 15,343.62 0.00 0.00 142,937 0 Union Bank of Nigeria Plc 8.18 736,318 6,023,081 16,169.54 13,601.38 12,005.07 0.00 0.00 138,534 0 Cadbury Nigeria Plc 67.02 123,510 8,277,640 16,030.00 18,219.48 21,138.37 0.00 0.00 125,877 0 Dangote Sugar Refinery Plc 8.90 620,751 5,524,684 15,958.03 12,169.94 12,856.57 0.00 0.00 106,799 0 UACN Plc 61.00 317,204 19,349,444 16,030.01 14,585.53 15,798.09 0.00 0.00 97,643 0 Diamond Bank Plc 6.20 3,406,406 21,119,717 16,004.31 13,506.34 14,826.45 0.00 0.00 89,746 0 International Breweries Plc 27.50 397,396 10,928,390 16,030.07 15,355.60 20,579.49 0.00 0.00 89,719 0 Julius Berger Nigeria Plc 65.00 245,140 15,934,100 16,030.03 14,403.39 14,666.92 0.00 0.00 85,800 0 First City Monument Bank Plc 4.28 3,966,667 16,977,335 16,144.12 18,609.56 15,626.04 0.00 0.00 80,086 0 Ashaka Cement 34.70 737,662 25,596,871 16,362.12 26,565.64 25,341.56 0.00 0.00 77,709 0

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © SOUTH AFRICA South African Rand

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 890.30 890.30 890.30

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (Local Currency) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

British American Tobacco 6.23 197,883 1,232,831 0.00 98.89 98.83 571.46 5.25 -98.91 18.71 11,612 17,621 Sabmiller plc 5.86 457,330 2,680,960 -1.63 98.90 98.79 549.68 4.84 -98.93 21.12 9,427 37,362 Naspers Ltd 13.50 978,286 13,206,861 -0.06 98.77 98.43 1,178.00 9.92 -98.85 36.09 5,626 89,740 MTN Group Ltd. 2.41 3,531,178 8,510,139 -0.84 98.89 98.76 217.14 1.93 -98.89 24.99 4,454 49,202 Sasol Ltd 6.19 545,034 3,373,106 -0.86 98.80 98.68 557.97 5.22 -98.89 18.55 4,026 34,288 Anglo American plc 2.85 794,758 2,261,404 -1.21 98.76 98.82 264.10 2.49 -98.92 14.46 3,973 31,463 Standard Bank Group Ltd. 1.40 2,187,840 3,052,256 -0.27 98.92 98.79 130.31 1.14 -98.93 22.21 2,257 18,614 Old Mutual plc 0.35 3,596,924 1,248,852 -0.64 98.94 98.88 34.89 0.31 -99.00 10.40 1,931 11,994 Aspen Pharmacare Holdings Ltd 3.05 350,618 1,069,385 -0.46 98.86 98.70 279.47 2.47 -98.91 23.41 1,391 15,072 Sanlam 0.64 2,649,799 1,701,171 -0.91 98.79 98.64 53.88 0.47 -98.81 36.54 1,390 13,456 Anglo Platinum Ltd 4.73 69,877 330,777 -2.24 98.80 98.80 459.96 4.21 -98.97 12.33 1,276 7,507 Steinhoff International Holdings Ltd 0.51 6,849,939 3,459,219 0.59 98.88 98.14 47.25 0.45 -98.93 12.72 1,242 28,602 Nedbank Group Ltd. 2.34 663,523 1,549,658 0.73 98.89 98.78 218.00 1.91 -98.93 22.15 1,200 10,562 Remgro Ltd 2.40 698,000 1,676,666 -0.87 98.84 98.71 210.71 1.80 -98.86 33.45 1,155 9,225 Kumba Iron Ore Ltd. 3.38 322,170 1,087,324 -0.15 99.24 99.24 485.05 3.23 -99.30 4.50 1,087 10,818 Bidvest Group Ltd 2.90 422,370 1,224,070 -1.31 98.92 98.83 270.74 2.37 -98.93 22.54 959 14,221 Shoprite Holdings Ltd 1.54 1,198,820 1,847,741 1.51 99.06 99.05 183.90 1.37 -99.16 12.75 882 13,077 Liberty International plc 0.60 511,668 307,973 -0.67 98.90 98.77 60.50 0.49 -99.01 22.84 789 3,617 AngloGold Ashanti Ltd 1.83 456,902 835,171 -0.38 98.51 98.74 163.10 1.60 -98.88 14.37 737 8,252 Impala Platinum Holdings Ltd 1.09 848,902 927,850 -2.85 99.11 99.04 135.06 1.03 -99.19 5.63 691 11,786 Woolworths Hldgs 0.79 1,726,076 1,371,713 -1.53 98.94 98.76 77.48 0.59 -98.97 34.76 673 11,955 Tiger Brands Ltd 3.07 159,812 490,287 0.33 98.85 99.00 310.00 2.44 -99.01 25.51 588 6,133 Investec plc 0.93 1,105,517 1,028,684 -1.43 98.77 98.64 78.20 0.70 -98.81 33.46 570 5,102 Exxaro Resources Ltd 1.48 414,968 613,738 -0.46 98.99 99.10 169.98 1.36 -99.13 8.69 529 4,958 Capital & Counties Properties Plc 0.60 269,498 162,804 -0.27 98.93 98.83 66.10 0.57 -99.09 5.78 504 2,980

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © SOUTH AFRICA USD South African Rand

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 890.30 890.30 890.30

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (USD) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

British American Tobacco 6.23 197,883 1,232,831 890.32 -88.99 -88.43 0.00 0.00 11,612 0 Sabmiller plc 457,330 0.00 0.00 0 Naspers Ltd 978,286 0.00 0.00 0 MTN Group Ltd. 3,531,178 0.00 0.00 0 Sasol Ltd 6.19 545,034 3,373,106 898.81 -88.09 -86.93 0.00 0.00 4,026 0 Anglo American plc 794,758 0.00 0.00 0 Standard Bank Group Ltd. 2,187,840 0.00 0.00 0 Old Mutual plc 3,596,924 0.00 0.00 0 Aspen Pharmacare Holdings Ltd 3.05 350,618 1,069,385 894.87 -88.76 -87.17 0.00 0.00 1,391 0 Sanlam 2,649,799 0.00 0.00 0 Anglo Platinum Ltd 69,877 0.00 0.00 0 Steinhoff International Holdings Ltd 0.51 6,849,939 3,459,219 884.45 -88.92 -81.59 0.00 0.00 1,242 0 Nedbank Group Ltd. 663,523 0.00 0.00 0 Remgro Ltd 698,000 0.00 0.00 0 Kumba Iron Ore Ltd. 322,170 0.00 0.00 0 Bidvest Group Ltd 422,370 0.00 0.00 0 Shoprite Holdings Ltd 1.54 1,198,820 1,847,741 875.37 -90.69 -90.59 0.00 0.00 882 0 Liberty International plc 511,668 0.00 0.00 0 AngloGold Ashanti Ltd 1.83 456,902 835,171 894.05 -85.27 -87.51 0.00 0.00 737 0 Impala Platinum Holdings Ltd 848,902 0.00 0.00 0 Woolworths Hldgs 1,726,076 0.00 0.00 0 Tiger Brands Ltd 3.07 159,812 490,287 887.05 -88.62 -90.06 0.00 0.00 588 0 Investec plc 1,105,517 0.00 0.00 0 Exxaro Resources Ltd 1.48 414,968 613,738 894.81 -90.00 -91.14 0.00 0.00 529 0 Capital & Counties Properties Plc 0.60 269,498 162,804 892.93 -89.41 -88.43 0.00 0.00 504 0

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © SWAZILAND 18th August, 2014 Swaziland Lilangeni

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 890.30 890.30 890.30

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (Local Currency) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Royal Swaziland Sugar Corporation Ltd. 13.00 0 0 0.00 0.00 -0.78 13.00 12.90 0.00 0.78 12,525 0 Swazi Empowerment Ltd 24.00 0 0 0.00 -4.35 -4.35 24.00 23.00 0.00 4.35 1,220 0 Swazispa Holdings Ltd. 6.00 0 0 0.00 0.00 0.00 6.00 6.00 0.00 0.00 293 0 Nedbank (Swaziland) Ltd 6.20 0 0 0.00 -3.33 -5.08 6.20 6.00 0.00 3.33 147 0 Swaziland Property Investments Ltd. 5.45 0 0 0.00 -0.93 -0.93 5.45 5.40 0.00 0.93 126 0

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © SWAZILAND USD 18th August, 2014 Swaziland Lilangeni

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 890.30 890.30 890.30

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (USD) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Royal Swaziland Sugar Corporation Ltd. 0 0.00 0.00 0 Swazi Empowerment Ltd 0 0.00 0.00 0 Swazispa Holdings Ltd. 0 0.00 0.00 0 Nedbank (Swaziland) Ltd 0 0.00 0.00 0 Swaziland Property Investments Ltd. 5.45 0 0 890.30 899.47 899.47 0.00 0.00 126 0

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © TANZANIA 18th August, 2014 Tanzanian Shilling

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 161,800.00 161,800.00 161,800.00

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (Local Currency) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

National Microfinance Bank 4,100 10,640 43,624,000 0.00 -56.49 -130.34 4,110 1,780 -0.24 130.34 2,050,000,000 19,096,635 Tanzania Breweries Ltd 13,490 1,870 25,226,300 0.07 -68.63 -294.44 13,500 3,420 -0.07 294.44 3,978,584 50,919,753 Tanzania Cigarette Co 13,430 3,000 40,290,000 -2.52 -56.16 -96.35 13,430 6,840 0.00 96.35 1,343,000 1,775,811 CRDB Bank Ltd 320 51,775 16,568,000 0.00 -14.29 -10.34 325 260 -1.54 23.08 696,490 46,331,900 Tanzania Portland Cement Co. 2,700 35,030 94,581,000 -12.03 -1.50 0.00 2,700 2,320 0.00 16.38 485,792 3,485,333 Tanga Cement Co. Ltd. 2,720 197 535,840 -0.74 -34.65 -14.29 2,720 2,000 0.00 36.00 173,185 32,547,524 Swissport Tanzania Ltd 2,700 0 0 0.00 -0.75 -19.47 2,700 2,260 0.00 19.47 97,200 204,538 Dar es Salaam Community Bank 490 3,000 1,470,000 0.00 0.00 2.00 500 450 -2.00 8.89 15,872 383,759

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © TANZANIA USD 18th August, 2014 Tanzanian Shilling

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 161,800.00 161,800.00 161,800.00

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (USD) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

National Microfinance Bank 4,100.00 10,640 43,624,000 161,800.03 253,255.10 372,815.76 0.00 0.00 2,050,000,000 0 Tanzania Breweries Ltd 13,490.00 1,870 25,226,300 161,680.08 272,903.92 638,505.58 0.00 0.00 3,978,584 0 Tanzania Cigarette Co 13,430.00 3,000 40,290,000 165,878.41 252,727.60 317,782.61 0.00 0.00 1,343,000 0 CRDB Bank Ltd 320.00 51,775 16,568,000 161,800.71 184,928.85 178,549.19 0.00 0.00 696,490 0 Tanzania Portland Cement Co. 2,700.00 35,030 94,581,000 181,281.77 164,234.64 161,800.01 0.00 0.00 485,792 0 Tanga Cement Co. Ltd. 2,720.00 197 535,840 162,999.27 217,904.09 184,928.60 0.00 0.00 173,185 0 Swissport Tanzania Ltd 2,700.00 0 0 161,800.01 163,008.29 193,320.41 0.00 0.00 97,200 0 Dar es Salaam Community Bank 490.00 3,000 1,470,000 161,800.51 161,800.51 158,562.31 0.00 0.00 15,872 0

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © TUNISIA 18th August, 2014 Tunisian Dinar

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 65.74 65.74 65.74

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (Local Currency) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Banque Internationale Arabe de Tunisia 63.00 925 58,275 -0.80 -4.56 1.78 6,665.00 60.00 -99.05 5.00 1,071,000 4,054 Banque de I`Habitat 11.50 328 3,772 0.00 11.54 8.87 112.00 11.00 -89.73 4.55 207,000 201 Banque De Tunisie 10.50 4,251 44,636 0.00 -12.90 -12.90 1,058.00 8.40 -99.01 25.00 1,575 83,631 Societe Frigorifique et Brasserie de Tunis 15.99 1,528 24,433 0.06 -20.59 -14.62 17.50 2.00 -8.63 699.50 1,439 2,739 Poulina Group Holding 5.35 2,599 13,905 -0.94 -2.88 10.83 6.08 5.05 -12.01 5.94 963 2,868 Attijari Bank 17.70 655 11,594 -0.34 -8.59 -5.99 18.71 15.75 -5.40 12.38 703 3,376 Amen Bank 25.87 217 5,614 0.08 16.28 19.66 32.50 25.60 -20.40 1.05 632 3,199 Carthage Cement 3.14 33,164 104,135 -0.96 5.99 13.97 4.05 2.76 -22.47 13.77 540 6,941 Union Bancaire pour le commerce et I` Industrie 25.00 34 850 0.00 -0.40 18.06 52.00 23.98 -51.92 4.25 500 411 Arab Tunisian Bank 4.15 289 1,199 0.24 -1.22 9.78 41.00 4.00 -89.88 3.75 415 905 Societe Nouvelle Maison De La Ville De Tunis Monoprix 22.35 461 10,303 0.62 4.08 15.66 27.34 22.22 -18.25 0.59 371 1,314 Air Liquide Tunisie 268.00 27 7,236 0.00 0.73 21.18 336.00 250.00 -20.24 7.20 324 368 Societe Tunisienne D`Assurances Et De Reassurances 136.10 79 10,752 2.71 7.41 -3.11 13,719.00 127.17 -99.01 7.02 314 791 Societe Magasin General. 26.99 137 3,698 0.00 7.38 9.12 32.80 24.09 -17.71 12.04 309 420 Union Internationale de Banques 15.00 8,668 130,020 0.00 -11.28 -9.57 1,407.00 12.25 -98.93 22.45 294 9,519 Ennakl Automobiles 9.78 158 1,545 0.20 2.10 -0.72 10.45 8.70 -6.41 12.41 293 1,575 Les Ciments De Bizerte 6.55 201 1,317 0.00 -5.65 -15.11 7.22 5.33 -9.28 22.89 288 149 Automobile Reseau Tunisien & Svcs 7.00 195 1,365 1.82 -9.38 -2.19 759.00 6.02 -99.08 16.28 267 2,615 Compagnie d`Assurances et de Reassurances 52.50 13 683 0.94 -1.82 5.61 53.41 47.00 -1.70 11.70 210 96 Banque Nationale Agricole 6.52 1,020 6,650 -2.19 16.41 28.90 67.00 6.38 -90.27 2.19 208 150 Societe Tunisie Profiles Aluminium 4.25 12,603 53,563 -0.95 1.62 6.59 433.00 4.14 -99.02 2.66 191 6,844 Tunisie Leasing 19.59 21 411 0.00 6.71 18.71 67.00 19.59 -70.76 0.00 168 167 Societe Tunisienne de Banque 4.76 302 1,438 0.83 8.81 14.39 486.00 4.76 -99.02 0.00 118 469 Societe Tunisienne del` Air 1.06 2,300 2,438 -0.95 0.00 17.83 1.50 1.02 -29.33 3.92 112 286 Adwya 7.00 154 1,078 -1.30 -0.57 8.38 9.36 6.80 -25.21 2.94 110 599

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © TUNISIA USD 18th August, 2014 Tunisian Dinar

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 65.74 65.74 65.74

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (USD) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Banque Internationale Arabe de Tunisia 63.00 925 58,275 67.07 73.30 62.79 0.00 0.00 1,071,000 0 Banque de I`Habitat 11.50 328 3,772 65.74 46.62 51.03 0.00 0.00 207,000 0 Banque De Tunisie 10.50 4,251 44,636 65.74 87.13 87.13 0.00 0.00 1,575 0 Societe Frigorifique et Brasserie de Tunis 15.99 1,528 24,433 65.64 99.86 89.98 0.00 0.00 1,439 0 Poulina Group Holding 5.35 2,599 13,905 67.30 70.52 47.78 0.00 0.00 963 0 Attijari Bank 17.70 655 11,594 66.30 79.98 75.66 0.00 0.00 703 0 Amen Bank 25.87 217 5,614 65.61 38.76 33.16 0.00 0.00 632 0 Carthage Cement 3.14 33,164 104,135 67.34 55.82 42.58 0.00 0.00 540 0 Union Bancaire pour le commerce et I` Industrie 25.00 34 850 65.74 66.41 35.81 0.00 0.00 500 0 Arab Tunisian Bank 4.15 289 1,199 65.34 67.76 49.53 0.00 0.00 415 0 Societe Nouvelle Maison De La Ville De Tunis Monoprix 22.35 461 10,303 64.71 58.98 39.78 0.00 0.00 371 0 Air Liquide Tunisie 268.00 27 7,236 65.74 64.52 30.64 0.00 0.00 324 0 Societe Tunisienne D`Assurances Et De Reassurances 136.10 79 10,752 61.25 53.46 70.89 0.00 0.00 314 0 Societe Magasin General. 26.99 137 3,698 65.74 53.51 50.62 0.00 0.00 309 0 Union Internationale de Banques 15.00 8,668 130,020 65.74 84.43 81.60 0.00 0.00 294 0 Ennakl Automobiles 9.78 158 1,545 65.40 62.26 66.93 0.00 0.00 293 0 Les Ciments De Bizerte 6.55 201 1,317 65.74 75.10 90.79 0.00 0.00 288 0 Automobile Reseau Tunisien & Svcs 7.00 195 1,365 62.72 81.28 69.37 0.00 0.00 267 0 Compagnie d`Assurances et de Reassurances 52.50 13 683 64.18 68.76 56.44 0.00 0.00 210 0 Banque Nationale Agricole 6.52 1,020 6,650 69.38 38.54 17.84 0.00 0.00 208 0 Societe Tunisie Profiles Aluminium 4.25 12,603 53,563 67.31 63.05 54.81 0.00 0.00 191 0 Tunisie Leasing 19.59 21 411 65.74 54.61 34.72 0.00 0.00 168 0 Societe Tunisienne de Banque 4.76 302 1,438 64.36 51.13 41.89 0.00 0.00 118 0 Societe Tunisienne del` Air 1.06 2,300 2,438 67.32 65.74 36.19 0.00 0.00 112 0 Adwya 7.00 154 1,078 67.90 66.69 51.86 0.00 0.00 110 0

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © UGANDA 18th August, 2014 Uganda Shilling

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 258,400.00 258,400.00 258,400.00

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (Local Currency) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Stanbic Bank Uganda Ltd 30 150,000 4,500,000 0.00 0.00 -20.00 35 25 -14.29 20.00 1,535,660 10,431,780 British American Tobacco Uganda 6,500 0 0 0.00 -60.49 -155.91 6,515 2,540 -0.23 155.91 319,020 411,414 Bank of Baroda. 120 0 0 0.00 7.69 -9.09 4,000 100 -97.00 20.00 300,000 609,794 DFCU Group 650 75,000 48,750,000 46.72 45.38 36.89 1,235 650 -47.37 0.00 161,590 2,696,504 New Vision Printing and Publishing Co. 600 0 0 0.00 4.76 0.83 630 360 -4.76 66.67 45,900 12,219 Uganda Clays Ltd 20 0 0 0.00 33.33 33.33 30 20 -33.33 0.00 18,000 237,847 National Insurance Corporation Limited 23 0 0 0.00 23.33 34.29 35 20 -34.29 15.00 9,289 74,304

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © UGANDA USD 18th August, 2014 Uganda Shilling

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 258,400.00 258,400.00 258,400.00

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (USD) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Stanbic Bank Uganda Ltd 30.00 150,000 4,500,000 258,409.26 258,409.26 310,105.77 0.00 0.00 1,535,660 0 British American Tobacco Uganda 0 0.00 0.00 0 Bank of Baroda. 0 0.00 0.00 0 DFCU Group 75,000 0.00 0.00 0 New Vision Printing and Publishing Co. 0 0.00 0.00 0 Uganda Clays Ltd 0 0.00 0.00 0 National Insurance Corporation Limited 23.00 0 0 258,414.11 198,090.44 169,779.61 0.00 0.00 9,289 0

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © ZAMBIA 18th August, 2014 Zambian Kwacha

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 449.00 449.00 449.00

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (Local Currency) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Shoprite Holdings Ltd 63 0 0 0.00 0.00 0.00 63 63 0.00 0.00 36,090 84 ZCCM Investments Holdings 40 0 0 0.00 -134.19 -134.19 40 17 0.00 134.19 6,432 0 Chilanga Cement 26 239,106 6,214,365 -0.12 -65.02 -156.56 27 10 -3.74 156.56 5,199 406,845 Celtel Zambia Plc 34 0 0 0.00 -21.43 -21.43 34 24 0.00 41.67 3,536 5,669 Standard Chartered Bank Zambia Plc 2 0 0 0.00 -4.74 -28.39 2 1 -9.55 33.56 3,317 3,742 Zambian Breweries 6 0 0 0.00 -38.22 -57.53 6 4 0.00 57.53 3,139 163 Zambia National Commercial Bank 0 0 0 0.00 -3.45 3.23 0 0 -9.09 25.00 2,598 1,018 Zambia Sugar Company 7 0 0 0.00 -11.27 -2,028.13 7 0 -2.71 2,028.13 2,155 1,147 British American Tobacco (Zambia) 6 0 0 0.00 -21.05 -91.67 6 3 0.00 91.67 1,221 19,682 Copperbelt Energy Corporation 1 5,721 3,947 0.00 -4.55 5.48 1 1 -11.54 9.52 1,121 8,865 National Breweries 12 0 0 0.00 -18.23 -33.19 12 9 0.00 33.19 756 219 Zambeef Products 3 0 0 0.00 14.29 26.83 4 3 -26.83 0.00 743 2,750 Farmers House 4 0 0 0.00 -10.94 -9.23 5 3 -24.47 18.33 200 3,657 Cavmont Capital Holdings Zambia Plc 2 0 0 0.00 0.00 0.00 2 2 0.00 0.00 149 1 African Explosives Zambia Plc 7 0 0 0.00 -0.15 -51.99 7 5 -0.43 37.40 140 0 Metal Fabricators of Zambia Plc. 5 0 0 0.00 0.00 -900.00 5 1 0.00 900.00 135 1 Zambia Bata Shoe Company Plc. 1 0 0 0.00 -57.89 -71.43 1 1 0.00 71.43 91 701 Investrust Bank Zambia 14 0 0 0.00 0.00 0.00 15 13 -9.40 1.81 62 14 Pamodzi Hotel plc 1 0 0 0.00 6.15 -1.67 1 1 -6.15 10.91 61 4

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © ZAMBIA USD 18th August, 2014 Zambian Kwacha

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 449.00 449.00 449.00

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (USD) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Shoprite Holdings Ltd 0 0.00 0.00 0 ZCCM Investments Holdings 0 0.00 0.00 0 Chilanga Cement 239,106 0.00 0.00 0 Celtel Zambia Plc 34.00 0 0 449.00 566.64 566.64 0.00 0.00 3,536 0 Standard Chartered Bank Zambia Plc 0 0.00 0.00 0 Zambian Breweries 0 0.00 0.00 0 Zambia National Commercial Bank 0 0.00 0.00 0 Zambia Sugar Company 6.81 0 0 449.00 510.90 11,583.57 0.00 0.00 2,155 0 British American Tobacco (Zambia) 5.75 0 0 449.00 564.58 952.25 0.00 0.00 1,221 0 Copperbelt Energy Corporation 5,721 0.00 0.00 0 National Breweries 0 0.00 0.00 0 Zambeef Products 3.00 0 0 449.00 370.57 301.71 0.00 0.00 743 0 Farmers House 0 0.00 0.00 0 Cavmont Capital Holdings Zambia Plc 0 0.00 0.00 0 African Explosives Zambia Plc 0 0.00 0.00 0 Metal Fabricators of Zambia Plc. 0 0.00 0.00 0 Zambia Bata Shoe Company Plc. 0 0.00 0.00 0 Investrust Bank Zambia 13.50 0 0 449.00 449.00 449.00 0.00 0.00 62 0 Pamodzi Hotel plc 0 0.00 0.00 0

CONTACT: +1 441 278 7620 +27 11 243 9030 [email protected] SECURITIES AFRICA LIMITED © ZIMBABWE 18th August, 2014 US Dollar

Current FX 1 Day MTD YTD 1 Year 1 Year 1 Year Relative Rate % Chg % Chg % Chg % Chg Std Dev Mean Std Dev 1.00 0.00 0.00 0.00 0.00 0.00 1.00 0.00

Issuer Name Closing Volume Value 1 Day YTD 1 Year Year Year % off % off Mkt Cap Avg Trd (USD) Price Traded Traded % Chg % Chg % Chg High Low High Low (millions) Value (000)

Delta Corporation Ltd. 1.35 3,041 4,105 -3.85 3.57 -17.39 1.53 1.05 -11.76 28.57 1,675 84 Econet Wireless Holdings Ltd. 0.75 10,420 7,815 0.00 -25.00 -41.51 0.75 0.48 0.00 56.25 681 68 Innscor Africa Ltd. 0.80 3,501 2,801 0.00 0.00 0.00 0.90 0.60 -11.11 33.33 432 22 British American Tobacco Holdings 13.50 101 1,364 0.00 -12.50 -12.50 13.70 9.00 -1.46 50.00 278 11 OK ZIMBABWE 0.18 0 0 0.00 10.00 18.18 0.28 0.16 -35.71 12.50 210 17 Seed Co Of Zimbabwe 0.93 344 320 -1.09 -3.33 -16.25 1.00 0.65 -7.00 43.08 191 7 ABC Holdings Ltd. 0.70 0 0 0.00 -18.64 -40.00 0.72 0.43 -2.78 62.79 179 0 Hippo Valley Estates Ltd. 0.75 2 2 0.00 16.67 25.00 1.15 0.50 -34.78 50.00 144 1 Bindura Nickel Corporation Ltd. 0.09 18,634 1,677 0.00 -350.00 -350.00 0.09 0.01 0.00 800.00 111 9 Barclays Bank of Zimbabwe Ltd. 0.05 10,859 543 0.00 -25.00 -25.00 0.05 0.03 0.00 66.67 107 6 Tobacco Sales Ltd. 0.27 4 1 0.00 28.95 10.00 0.39 0.24 -30.77 12.50 96 7 CBZ Holdings 0.12 0 0 0.00 20.00 20.00 0.17 0.12 -29.41 0.00 82 9 First Bank Corporation Holdings Ltd 0.12 63 8 0.00 14.29 -20.00 0.15 0.09 -20.00 33.33 80 5 Circle Cement Ltd. 0.60 0 0 0.00 45.45 45.45 1.20 0.55 -50.00 9.09 48 0 Meikles Africa Ltd. 0.18 3 1 5.26 5.26 37.93 0.30 0.15 -40.00 20.00 45 1 Dairibord Zimbabwe Ltd. 0.12 0 0 0.00 20.00 36.84 0.20 0.07 -40.00 71.43 42 3 Colcom Holdings Ltd. 0.26 0 0 0.00 -18.18 -4.00 0.30 0.20 -13.33 30.00 41 0 Edgars Stores Ltd. 0.13 0 0 0.00 -8.33 -30.00 0.13 0.10 0.00 30.00 38 2 Rainbow Tourism Group Ltd. 0.02 0 0 0.00 0.00 0.00 0.02 0.01 0.00 100.00 37 0 African Distillers Ltd. 0.32 0 0 0.00 -6.67 -6.67 0.35 0.30 -8.57 6.67 35 1 Turnall Ltd 0.04 9,500 380 0.00 20.00 33.33 0.06 0.01 -33.33 300.00 19 1 NMBZ Holdings 0.05 0 0 0.00 28.57 37.50 0.08 0.03 -37.50 66.67 19 1 Rio Zimbabwe Limited 0.26 0 0 0.00 21.21 25.71 0.35 0.15 -25.71 73.33 13 0 Ariston Holdings Ltd. 0.01 0 0 0.00 0.00 0.00 0.01 0.01 0.00 0.00 13 0 Hunyani Holdings Ltd. 0.04 0 0 0.00 -100.00 -33.33 0.04 0.01 0.00 300.00 12 0

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Any opinions expressed in this Publication may differ or be contrary to opinions expressed by other business areas or groups of Securities Africa Limited as a result of using different assumptions and criteria. The analysis contained herein is based on numerous assumptions. Different assumptions could result in materially different results.

All projections and forecasts in this Publication are illustrative only. The actual results may be materially affected by changes in economic or other circumstances, which cannot be foreseen. No representation or warranty is made by any of the Parties as to the achievability or reasonableness of any projection or forecast contained in this Publication.

This publication is provided to you for information purposes only on the understanding that Securities Africa Limited is not acting in a fiduciary capacity. It does not address specific investment objectives or financial situations , and any investments discussed may not be suitable for all investors. Prospective investors must make their own examination and evaluation of the merits and risks involved in the securities set out in this Publication including any legal, taxation, financial and other consequences of investment and should not treat the contents as advice relating to legal, taxation or other matters. This report is not to be relied upon in the substitution of independent judgment with respect to any investment decision. Investors should consider this Publication as only a single factor in making their investment decision, and as such, the Publication should not be viewed as identifying all risks , direct or indirect, that may be associated with any investment decision.

Foreign currency-denominated securities are subject to fluctuations in exchange rates that could have an adverse effect on the value or price of, or income derived from, the investment. In addition, investors in securities such as ADRs, the values of which are influenced by foreign currencies, effectively assume currency risk.

Securities Africa Limited conducts designated investment business only with eligible counterparties and professional clients. To the extent permitted by law and regulation, Securities Africa Limited accepts no liability whatsoever for any loss howsoever arising, directly or indirectly, from any use of this Publication or its contents or otherwise arising in connection with that. This Publication is not intended for distribution to retail clients.

By receiving this Publication, the recipient agrees to keep confidential the information contained in this Publication together with any additional information made available following further inquiries. None of the material, nor its content, nor any copy of it, may be altered in any way, disclosed, published, reproduced or distributed to any other party, in whole or in part, at any time, without the prior written permission of Securities Africa Limited.

Nothing in this Publication constitutes or forms part of, and should not be construed as, an offer for sale or subscription of, or solicitation of any offer to buy, sell or subscribe for, the securities of the Company, nor should it or any part of, form the basis of, or be relied on in connection with, any contract or commitment whatsoever.

Securities Africa Limited and/or its associates and/or any of their respective clients may have acted upon the information or opinions in this Publication prior to your receipt of it. Securities Africa Limited and /or its associates may provide investment banking services to the Company and in that capacity may have received confidential information relevant to the securities mentioned in this Publication which is not known to the researchers who have compiled this Publication.

Securities Africa Limited and/or its associates and/or their officers, directors, employees or representatives may from time to time purchase, subscribe for, add to, dispose of or have positions or options in or warrants in or rights to or interests in the securities of the Company or any of its associated companies mentioned in this Publication (or may have done so before publication of this Publication) or may make a market or act as principal or agent in any transactions in such securities.

This report may not have been distributed to all recipients at the same time. This report is issued only for the information of and may only be distributed to professional investors (or, in the case of the United States, major US institutional investors as defined in Rule 15a-6 of the US Securities Exchange Act of 1934) and dealers in securities and must not be copied, published or reproduced or redistributed (in whole or in part) by any recipient for any purpose.

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By accepting this Publication, you agree to be bound by the foregoing limitations. No part of this material may be (i) copied, photocopied or duplicated in any form by any means or (ii) redistributed without the prior written consent of Securities Africa Limited.

Securities Africa Limited 2010

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